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Search Results 0 to 4 of about 5 (some duplicates have been removed)
percent of gdp. under president obama and harry reid and nancy pelosi that exploded. it is 25 percent of the gdp. discretionary and entitlement spending, we have record-breaking deficits. no one is stopping it. nwe have a spending problem. we don't have a revenue problem. johnathon first. >> yeah, we don't, eric we tax enough and so much of what our tax dollars go to are not specified in the constitution. to the congressman's point. it is specified in the constitution. food stamps and fema and epa and healthcare and all of the other money is found no where in the constitution . it is it basically taxing people's lives . until congress gets that out of their head when they tax and borrow, they are hurting individual americans . it is getting out of the control. >> congressman can why gree we have a spending problem and not a revenue. >> we have. as the commission said we should do spending reductions and two dollars of every tax dollar . if i could. there are stow many, look at glaxco smith kline . 7 years they had hid from the fda. >> let's stay on topic congressman. stay on topic. wa
to comment on to harry reid. this weekend talking about more taxes. he says, the american people are on his side. here he is. >> the american people don't believe in this bustier things. we believe that the rich should contribute. we believe we should fill those tax loopholes, get rid of them, i should say, and that is where we need to go. gerri: do you agree? >> no, i don't. john kennedy did not agree. ronald reagan did not agree. they did not agree back in the 1920's. it is never worked in the history of this country raising taxes to bring in more revenue. by the way, the revenue is projected for this year, over two and half trillion dollars. that's more than we took in last year, more than we took in in 2007 and 2008. it is always and has always been a spending problem in washington d.c. look at what is going on in california. wall street loves what california is doing, but remember, the people who voted to raise taxes in california made it retroactive, so what happened is nobody could do anything to get away from the extra increase in taxes, but now we have it here to work on that. let
of the campaign trail in this senate democratic leader harry reid to pass one of two house bills that would block the fourth cuts. >> for 16 months the president had been traveling all of the country holding rallies instead of sitting down with senate leaders in order to try to forge an agreement over there in order to move the bill. we have moved the bill in the house twice. we should not have to move a third bill before the senate gets off their butt and begins to do something. >> the president of the pressure on him by bringing the local republican congressman thomas got virgil, border force one where the congressman told reporters that in addition to spending cuts he favors raising revenues through tax reform and then got a presidential shot up. >> is one of your republican congressman who is with us here today, and that is always healthy for public and, being with me. but the reason he's doing it is because he knows is important to you. and he has asked his colleagues in the house to consider closing tax loopholes instead of letting these automatic cuts go through. lori: -- >> reporter: quic
and the economy that's actually shrinks, well, harry reid says this is a recovery. okay. we'll talk about it. "varney and company" is about to begin. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. charles mckinney a -- charl: a bomb goes off in tour key, killing two, one expected to be the bomber. the bomb went off inside the security perimeter. no damage to the embassy reported, and we will bring you update to the story as they come in. now, of course, let's
Search Results 0 to 4 of about 5 (some duplicates have been removed)